Q2 2021 Nolato AB Earnings Call Transcript

Jul 20, 2021 / 01:00PM GMT
Operator

Hello, and welcome to the Nolato Audiocast with Teleconference Q2 2021.

(Operator Instructions)

Today, I'm pleased to present Christer Wahlquist, CEO; and Per-Ola Holmstrom, CFO. Please go ahead with your meeting.

Christer Wahlquist - Nolato AB(publ)-President&CEO

Thank you, and welcome, everyone, to the presentation of Nolato's second quarter of 2021. I'm starting on Page 2 in the handout. And I can -- we had a new record quarter within Nolato Group, with sales close to SEK 2.8 billion, giving an organic growth of 11% during the quarter.

The GW Plastics acquisition, which we acquired first of September showed a strong performance quarter-on-quarter. We had an operating profit of SEK 336 million, giving a SEK 25 million increase of operating profit if we compare to second quarter last year. And we reached SEK 336 million raising a margin of 12.1% during the quarter.

The cash flow after investments amounted to SEK 346 million during the quarter. Turning to Page 3. On

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